Are we headed for 250k btc in 12-18 months?

[lepbagong]

It is possible that Bitcoin price reach $250k, but it will soon after that drop under $100k. Also I would speculate that more possible time frame is 24 months and not 12-18.

The same pattern as it did with its past all time highs. $250k is such a huge amount to think of and IIRC, there's one famous crypto guy that has predicted this, Tim Draper.
(https://cointelegraph.com/news/tim-draper-doubles-down-on-his-250k-btc-prediction)

2017 Bullrun had made this person become famous as he perfectly projected it but I don't think he gonna be right again this time. $250k is really high and never in mind to think we can reach it, maybe $50k is close to reality than this. However, it was him to project and give his optimistic speculation (and I believe we all that the same) and it's up to us to draw any conclusions as anyone can make their opinion as well. But just to say that it looks impossible and never have to expect for it. 

Let's give him the credits if he actually made it last time but this time, a lot of doubts and they are not pushing us to believe them that the price will go exactly as $250k. I'm part of those people that are waiting for the all time high and if it suddenly appears, I'm glad to see that but if it didn't, that's what I'm expecting. But the given timeframe of Tim is longer than what @OP is predicting, it's earlier. This is a waiting game.

all obviously want and hope that the price of bitcoin can be $ 250K, but now we also have to be realistic to see the reality, is it possible to be achieved and achieved by bitcoin?
This is a separate question in dealing with matters relating to the rise of bitcoin which is fantastic.

If you look at halving the past both first and second, I am very sure that there will be an increase in bitcoin in the year after halving. if the third halving is this year, it will be certain that there will be a change in 2021, but in what month will the highest price occur !! once again the first and second halving occurs in December, will the year 2021 also occur in December?

if at the end of 2020 bitcoin could reach $ 15K, there might be a surprise at the price of bitcoin.
bitcoin is currently maintained well in the $ 9K range, a good sign, of course. we are just waiting for the next few months with bitcoin, hopefully that hope can be realized even if it is not as high as expected, the important thing is more than 2017.

[dmhco]

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[Oceat]

The price prediction is just too much to compare the previous ATH of Bitcoin. We all know that after the ATH, the following years didn't actually happen to touch it again so making a speculation like that is definitely not gonna happen within 12-18 months from now. How I wish it will going to happen but I expected already that the market is not working that way.

You may think that after the Bitcoin halving the last ATH would somehow going to go x15 in the year 2021-2022 but I highly disagree that's likely going to happen. I'm more optimistic about the $40k or $60k though for the next ATH.

[el kaka22]

No we are not. You can make any type of calculation you want, you can consider whatever you want to consider but in the end we are not going to $250k at all. We could always go up, we could always reach to $20k and that is not a bad level to be in, as long as we do not drop to $3k in a year after that, $20k is actually a cool price to be in. However, people are forgetting how hard it is to be there and how hard it is to stay there.

Do you realize how hard it is to find the same amount of buyers but for bitcoin price $20k? That would mean we literally need 2x buyer amount and that is not an easy task, you are talking about 25x buyer amount and that is just unrealistic, even 2x is difficult how the hell do we suppose to reach 25x ? That is why the realistic high price we can go to is $20k at best.

[7788bitcoin]

Do you realize how hard it is to find the same amount of buyers but for bitcoin price $20k? That would mean we literally need 2x buyer amount and that is not an easy task, you are talking about 25x buyer amount and that is just unrealistic, even 2x is difficult how the hell do we suppose to reach 25x ? That is why the realistic high price we can go to is $20k at best.

People like to predict any valuation that they think will make them a millionaire and that is what we are seeing with all these predictions and people are behind those expecting that these valuations can be achieved in a short period of time.
I have seen the price rally from the start and i never expected to see the valuation we have right now but to expect the valuation to go 25x from this stage is not practical because we are yet to achieve a better scaling solution and with the rise in price the transaction charges are going to increase as well which will not help the market as well.

[LUCKMCFLY]

Although it is an excellent figure that I would like Bitcoin to arrive, it is enough that from an ATH of $ 20k it goes to $ 250k, we could say that volatility and crypto anything can happen and movements on occasions are unpredictable, I think the range The most likely growth is $ (50-75) k, to reach such an inflated price there must be favorable global economic conditions and without so much fundamental.

[STT]

The grand price predictions like this need to be mapped out on weekly bars or even monthly can be appropriate.    I spotted a chart earlier which shows the last ATH could be a reasonable measure for crypto range right into 2022, this would match the growth seen in previous peaks and pull backs.   This is the video link also where the chart segment is taken from

 

[Febo]

It is possible that Bitcoin price reach $250k, but it will soon after that drop under $100k. Also I would speculate that more possible time frame is 24 months and not 12-18.

The same pattern as it did with its past all time highs. $250k is such a huge amount to think of and IIRC, there's one famous crypto guy that has predicted this, Tim Draper.
(https://cointelegraph.com/news/tim-draper-doubles-down-on-his-250k-btc-prediction)

2017 Bullrun had made this person become famous as he perfectly projected it but I don't think he gonna be right again this time. $250k is really high and never in mind to think we can reach it, ...

$250k per Bitcoin is  not high or a lot or impossible. What is not that likely is that it will happen in next 12-18 months. Another thing that is sure is also that price will soon after reaching peak fall down to sub $100k.

[dmhco]

It is possible that Bitcoin price reach $250k, but it will soon after that drop under $100k. Also I would speculate that more possible time frame is 24 months and not 12-18.

The same pattern as it did with its past all time highs. $250k is such a huge amount to think of and IIRC, there's one famous crypto guy that has predicted this, Tim Draper.
(https://cointelegraph.com/news/tim-draper-doubles-down-on-his-250k-btc-prediction)

2017 Bullrun had made this person become famous as he perfectly projected it but I don't think he gonna be right again this time. $250k is really high and never in mind to think we can reach it, ...

$250k per Bitcoin is  not high or a lot or impossible. What is not that likely is that it will happen in next 12-18 months. Another thing that is sure is also that price will soon after reaching peak fall down to sub $100k.

Yes - if you see the presentation I have back in 2015 it pointed to a $10k avg price which indicates a $400k top, a sudden fall as you identify, and a gradual coming off to about $2k after that over about 10-12 years.

[target]

$250k seems very unrealistic but I would still like the price to go that up of course.

Its just that it needs more newcomers in crypto to join into this market and add more money in the economy. Defi hype may not be enough to break the ATH so without a major change in the crypto status, its hard to achieve it unless paypal will really be doing what was rumored that they'd allow paypal users to but BTC.

[dmhco]

$250k seems very unrealistic but I would still like the price to go that up of course.

Its just that it needs more newcomers in crypto to join into this market and add more money in the economy. Defi hype may not be enough to break the ATH so without a major change in the crypto status, its hard to achieve it unless paypal will really be doing what was rumored that they'd allow paypal users to but BTC.

Why is it unrealistic? See, the BTC price is as realistic as the amount of value it is purchasing and the value that is purchasing it. That is it. Now, at the moment, billions in additional value is being created by this phenomenon they call yield farming. This value will have to purchase something to have measurable liquid value. What will that be? Bitcoin.

[blockman]

all obviously want and hope that the price of bitcoin can be $ 250K, but now we also have to be realistic to see the reality, is it possible to be achieved and achieved by bitcoin?
This is a separate question in dealing with matters relating to the rise of bitcoin which is fantastic.

If you look at halving the past both first and second, I am very sure that there will be an increase in bitcoin in the year after halving. if the third halving is this year, it will be certain that there will be a change in 2021, but in what month will the highest price occur !! once again the first and second halving occurs in December, will the year 2021 also occur in December?

if at the end of 2020 bitcoin could reach $ 15K, there might be a surprise at the price of bitcoin.
bitcoin is currently maintained well in the $ 9K range, a good sign, of course. we are just waiting for the next few months with bitcoin, hopefully that hope can be realized even if it is not as high as expected, the important thing is more than 2017.

It is possible for bitcoin to reach that price but as what Febo mentioned, the question lies with the 12-18 months claim. Yup, we're seeing a good sign for bitcoin which is manages to stay on $9k.
There could be more of the dumping at this time after the halving but we haven't seen it yet. We wait and people who will see that price are the toughest. Because if bitcoin reaches $100k, too many will sell it and won't come back but if it goes $250k and you still have it, you're exceptional.

[kentrolla]

I really don't understand how these people are speculating the price of BTC, doesn't it look too much??? In my opinion this price might reach in the next decade most probably..

On the other side most of them will not buy on this price as this is a big number, well after a historical pump in 2017 we didn't see any big change in BTC price and now we are in the halfway mark of the historical price and this is the nature of crypto currency. No one knows what might happen in future..

[whyrqa]

I really don't understand how these people are speculating the price of BTC, doesn't it look too much??? In my opinion this price might reach in the next decade most probably..

On the other side most of them will not buy on this price as this is a big number, well after a historical pump in 2017 we didn't see any big change in BTC price and now we are in the halfway mark of the historical price and this is the nature of crypto currency. No one knows what might happen in future..

In my country, almost 10 years ago, a dollar was worth 2.5 units in local currency. But time has passed and much has changed over this period, although not so many years have passed in time and today the dollar has a price of 26 units in the national currency, that is, the price has increased 10.5 times, but nevertheless, dollars continue to buy and sell. Of course, the increase in the dollar's price was negatively perceived by those who sold it at the wrong time. perhaps this example is not very applicable to this issue, but nevertheless, I want to say, if Bitcoin ever reaches such a large scale, then there will still be trading processes for selling and buying. Bitcoin will be in demand even more.

[bitgolden]

Not going to happen and there is nothing that can happen that will make Bitcoin reached that price, not even in the next three years, we must become realistic at this point in time,  we are in a pandemic and based on what we are seeing today, the market is moving slowly, for market too just rise like that is insane, I prefer to be realistic.

I do see many people here are mentioning like you about the pandemic as one of the reason which may be blocking bitcoin to reach such $250k levels. But, I am sure that this pandemic will settle down at no time and BTC will get back into its usual cycle which is being assume to be having a 4 year of time to repeat the things. If BTC gets into another bull (which is a certain one as per basic economy rules of bitcoins), then we will test $100k to $250 or even more based on FOMO and institutional investors.

When pandemic gets over, people may prefer bitcoins over stocks or bonds as stocks may not perform well for at least next one to two years. World economy may hit by a recession like 2008 and it may last for at least one year in between time, BTC may test a new ATH for sure.

nevertheless, I want to say, if Bitcoin ever reaches such a large scale, then there will still be trading processes for selling and buying. Bitcoin will be in demand even more.

You mean selling and buying for our daily needs? I am expecting bitcoin to test such a large scale in next 12 to 18 months but mainstream adoption of bitcoin may not happen within that time frame. Probably, people will start using bitcoins for buying and selling all their services and products by the times of BTC test one million dollar levels. 

[AjithBtc]

It is possible that Bitcoin price reach $250k, but it will soon after that drop under $100k. Also I would speculate that more possible time frame is 24 months and not 12-18.

The same pattern as it did with its past all time highs. $250k is such a huge amount to think of and IIRC, there's one famous crypto guy that has predicted this, Tim Draper.
(https://cointelegraph.com/news/tim-draper-doubles-down-on-his-250k-btc-prediction)

2017 Bullrun had made this person become famous as he perfectly projected it but I don't think he gonna be right again this time. $250k is really high and never in mind to think we can reach it, ...

$250k per Bitcoin is  not high or a lot or impossible. What is not that likely is that it will happen in next 12-18 months. Another thing that is sure is also that price will soon after reaching peak fall down to sub $100k.

None can assure about the price of bitcoin. Everything is based on the past time growth as well as the good news happening around the globe relative to the cryptocurrency market. Over the next 12-18 months there will be higher and higher level of demand for cryptocurrencies and particularly bitcoin. Upon the same there'll be growth. At the same time reach $250k or above value isn't easy in the mentioned 12-18months time.

[aioc]

None can assure about the price of bitcoin. Everything is based on the past time growth as well as the good news happening around the globe relative to the cryptocurrency market. Over the next 12-18 months there will be higher and higher level of demand for cryptocurrencies and particularly bitcoin. Upon the same there'll be growth. At the same time reach $250k or above value isn't easy in the mentioned 12-18months time.

Even if there is continuous demand now that we are in pandemic and we need a digital currency  I don't think it will reach the $250 k level, I do like the progress of the price since we have a big dump when the pandemic started, we are moving slowly and the price is very stable right now, we have to wait patiently for things to get better better we think of numbers.

[Yamifoud]

I'm a fan of those people who really think very optimistic and never say to give up but it can't deny that $250k is really out from reality. We know the situation, even though it was targeted for 12-18 months but we can never say that the market will recover such fast and so we have the chance to reach that peak. But that is not the possible case to happen. Look how the market moves and that is clear enough to say that we are in hard to recover from a deep crush since last year.

We are not getting far, even others know personality will tell us about it, but because we are in volatility, therefore we can't expect that it behaves that way. We only have hoped but of course, nothing it serves to have assurance.

[Twinkledoe]

I'm a fan of those people who really think very optimistic and never say to give up but it can't deny that $250k is really out from reality. We know the situation, even though it was targeted for 12-18 months but we can never say that the market will recover such fast and so we have the chance to reach that peak. But that is not the possible case to happen. Look how the market moves and that is clear enough to say that we are in hard to recover from a deep crush since last year.

We are not getting far, even others know personality will tell us about it, but because we are in volatility, therefore we can't expect that it behaves that way. We only have hoped but of course, nothing it serves to have assurance.

Reality check! That value is very far from where we are right now. People need to be realistic with the situation. Because some naive users will rely on someone else's prediction regarding their decision. I don't understand why people keep on giving unrealistic goals. This is not helping in any way.

[dunfida]

I'm a fan of those people who really think very optimistic and never say to give up but it can't deny that $250k is really out from reality. We know the situation, even though it was targeted for 12-18 months but we can never say that the market will recover such fast and so we have the chance to reach that peak. But that is not the possible case to happen. Look how the market moves and that is clear enough to say that we are in hard to recover from a deep crush since last year.

We are not getting far, even others know personality will tell us about it, but because we are in volatility, therefore we can't expect that it behaves that way. We only have hoped but of course, nothing it serves to have assurance.

Being optimistic isnt bad but be sure to set it out on realistic level and wont go further in numbers which doesnt even able to fit out even in our dreams. $250k is really a far off price to be considered and
to think that we do have lots of speculations that floated when we are still heading in the halving event but look at on where we now? Price hadnt even able to break 10k barrier or 5 digit price this is why
its would be sensible for us to presume out that movement wont really be just similar compared into those previous years when the market is still bullish.So its better to stick out on realistic numbers and
speculations so that you wont frustrate up yourself if the market price will fuck up your anticipated price.